News dalla rete ITA

5 Febbraio 2018



Australia is set to become one of the world's top 10 defense exporters under an ambitious $3.8 billion government plan. The new defense export strategy released by the Australian Prime Minister aims to put Australia on par with major arms-exporting countries like Britain, France and Germany within 10 years and includes an extra $20 million to run a multi-year export campaign and enhance the ability of small and medium-sized companies to compete globally. The government believes the strategy will create new jobs and bolster Australia's troubled defense manufacturing industry. Australia’s defense exporting sector is currently worth between 1.5 billion and $2.5 billion in defense sales a year and sits at 13th in the world rankings. The government aims to lift it into the top 10. Australia exports about $2 billion worth of mostly high-tech defence equipment - including electronics, surveillance and tracking systems, and military software - each year. Countries such as the UK export more than $10 billion worth. The US is by far the largest defence exporter, accounting for about a third of the world's sales, followed by Russia with about a quarter.  The centrepiece of the strategy will be a new financing facility that will make up to $3.8 billion available to Australian defence companies looking to sell overseas. The strategy identifies the other "five eyes" countries - the US, UK, Canada and New Zealand - as top priority markets. That way sensitive technologies will be protected, while exports will support Australia's key global allies. But the government will also seek to boost exports in Europe, and the rapidly growing markets in Asia and the Middle East. The government will spend $20 million a year to support the strategy: helping to identify export opportunities, making sure products are export-ready, and opening doors for Australian industry overseas. A new Australian Defence Export Office will be established to implement the strategy, and an Australian Defence Export Advocate will be appointed to co-ordinate with the industry, and state and territory governments. The loan facility for the new strategy will be administered by Efic, the government’s export credit agency, which is overseen by Trade Minister Steven Ciobo.The strategy is designed to complement the government's promise to invest a record $200 billion in ADF capability over the next decade. (ICE SYDNEY)